The transactions are made through the UAE Fund Transfer System that enables the lenders to conduct all interbank local fund transfers. WAM
The UAE gross bank assets, including bankers’ acceptances, rallied to Dhs3.172 trillion by the end of January 2021, figures by the Central Bank of the UAE have shown.
The Central Bank of the UAE (CBUAE) announced on Thursday that, effective April 21, 2021, a new liquidity management facility (ILF) will be introduced as part of the implementation plan of the new Dirham Monetary Framework.
The Central Bank of the UAE (CBUAE) has announced the issuance of a Small to Medium Sized Enterprises (SMEs) Market Conduct Regulation to promote best practices among licensed financial institutions (LFIs) when engaging with SMEs.
The Governor of the Central Bank of the UAE (CBUAE) has appointed Ali Faisal Ba’Alawi as Head of the UAE Financial Intelligence Unit (FIU). This appointment represents the next step in the implementation of the UAE’s National AML/CFT Strategy
ADNEC Group announced EDGE Group as the strategic partner for the 16th edition of the International Defence Exhibition (IDEX) and the 7th edition of the Naval Defence Exhibition (NAVDEX) 2023,
The US economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in 2-1/2 years,
Emirates Global Aluminium (EGA), the world’s biggest ‘premium aluminium’ producer, supplied 203 thousand tonnes of waste to other industries as feedstock in 2022.